Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
14th Edition
ISBN: 9780134668574
Author: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen, Christopher J. Stocker
Publisher: PEARSON
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Chapter B.4, Problem 46E

Minimum overage cost. The cost C (in thousands of dollars) of producing x thousand microwave ovens is given in the table.

Chapter B.4, Problem 46E, Minimum overage cost. The cost C (in thousands of dollars) of producing x thousand microwave ovens

(A)    Find the interpolating polynomial for this table.

(B)    Use the interpolating polynomial to approximate (to the nearest thousand dollars) the cost of producing 4,000 ovens.

(C)    Use the interpolating polynomial to approximate (to the nearest integer) the production level that will minimize the average cost.

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Chapter B.4 Solutions

Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)

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